Contagion worries rise over property fund suspensions

Eight companies, including Standard Life, Henderson and M&G, barred investors from selling out of their property funds amid fears about falling commercial real estate values following Britain's vote to leave the EU.

Many of those investment companies, however, operate separate products that are also invested in the funds now closed to investor redemptions, and could block investors from pulling their money... The worry is that this will trigger systemic problems for the marketplace, which is already reeling from the UK's decision last month to end its membership of the EU.